I Marked up USDJPY, using technical analysis only with no indicators whatsoever. This analysis can be used to analyzed any market. this setup is Technical analysis in its purest form. Follow for more
Liquidity is all around you. Price is coming into a strong support area. If the bottom isn't already in, then maybe it taps once more into the downside target zone before reversing up. There are 3 immediate targets. The first has the highest chance of keeping UJ bearish. If it turns over there at Target 1 after making a new low on M15, then this idea could be...
I've been following the UJ Buy Trade for several weeks (closed out in profit on one trade, currently in a Position buy trade on this one). Looking for another key entry point for a longer position buy trade on UJ. If you want in, please refer to the second position to the screen right for the parameters. As always, use proper risk management, as the stop loss is...
Patterns playing out perfectly again. Rejection at the lower support. My target is 104.900. Goof luck!
USD/JPY 78.60% fib retest rejection, then into -27.00% (106.351)
Yesterdays setup was very specific and for good reason. Our specific strategy for this short setup yesterday was designed to be able to resist any "fake outs" or simple upside that came from the pair at the key levels shown in those charts at that time. Yesterday's amount of short sellers who're either close to being margin called or already hav given us the...
FX:USDJPY This will be invalidated in case of trade tension or similar event
Looking to BUY USDJPY in BUY AREA and to close in target area. (30PIPS) - Enter on price action. - Do not enter if price shows strong bearish break though buy area and close. Trade Safe.
FX:USDJPY Bull Divergence + intraday bullish view
FX:USDJPY The weekly looks solid for this week bullish sentiment, keep an eye on trade war news to ruin the bulls party
UJ Long. Confluence with institutional support & fibonacci retracement and overall trend.
Entry - 108.38 Take Profit - 109.28 - 90 pips Stop Loss - 107.88 - 50 pips Straight away, you'll notice this is not an ideal risk to reward ratio, but I've found the 30/200 pinch to be somewhat reliable in my back-testing. On the 4H chart, price has appeared to have made the turn for an extended reversal. The 200MA (blue line) has been breached and we're...
We will see the confirmation if the Price Break the Level 107.300 to down , with a Daily Candle ,So we will see a continuing fail of this pair like we already see since 113.000
The US dollar has fallen significantly during the day on Friday, continuing the down move that we had started on Thursday after Donald Trump announced a tariff on both steel and aluminum. This has put a lot of fear into the market, which of course has people running towards the Japanese yen. I suspect that most of the reaction in this market will be due to noise...